₹6,200 crore project in Nagpur will produce 10 GW each of solar ingots and wafers to strengthen India’s solar manufacturing supply chain.
Waaree Energies Limited has announced the groundbreaking of a 10 GW integrated solar ingot and wafer manufacturing facility in Butibori, Nagpur, marking a major milestone in India’s efforts to strengthen its domestic solar manufacturing supply chain.
The facility, which will house 10 GW capacity each for solar ingots and wafers, is expected to become India’s largest integrated ingot and wafer manufacturing complex. The project is being developed with an investment of approximately ₹6,200 crore and will span 300 acres.
The announcement was made during a ceremonial bhoomipujan event attended by senior government leaders and industry stakeholders, including Devendra Fadnavis, Chief Minister of Maharashtra.
The upcoming facility will focus on the production of high-purity solar ingots and wafers, which form the foundational components of the solar photovoltaic value chain.
By expanding domestic manufacturing capacity in these upstream segments, the project aims to reduce India’s reliance on imported materials, improve supply chain resilience, and support the rapid expansion of the country’s solar power sector.
India’s solar industry has historically depended on imports for ingots and wafers, particularly from global manufacturing hubs. Large-scale domestic investments such as this project are expected to play a crucial role in building a more self-reliant solar manufacturing ecosystem.
Employment and Regional Economic Impact
Once operational, the facility is expected to generate more than 8,000 direct and indirect jobs, contributing to regional economic development and skill creation in Maharashtra.
The project is also expected to support industrial growth in the Nagpur region, which has been emerging as an important manufacturing hub due to its strategic location and connectivity.
Speaking on the occasion, Hitesh Doshi, Chairman and Managing Director of Waaree Energies, said the project represents a major step toward strengthening India’s upstream solar manufacturing capabilities.
He noted that India’s clean energy transition will depend not only on renewable deployment but also on developing strong domestic manufacturing capacity across the solar value chain.
Doshi added that the integrated ingot and wafer facility will contribute to the country’s Atmanirbhar Bharat vision, reduce import dependency, and improve supply chain stability for India’s rapidly expanding solar market.
Strategic Location Advantage
Nagpur has been selected for the project due to its strong industrial ecosystem, connectivity, and strategic location, which enables efficient distribution across India.
According to the company, the project has received continued support from the Government of Maharashtra, helping accelerate the development of large-scale renewable energy manufacturing infrastructure in the state.
India’s Expanding Solar Manufacturing Ecosystem
India has been rapidly expanding its domestic solar manufacturing capabilities through policy initiatives such as Production Linked Incentive (PLI) schemes, ALMM policies, and domestic manufacturing support programs.
As one of the fastest-growing renewable energy markets globally, the country is increasingly focusing on building a complete solar manufacturing value chain, from polysilicon to modules.
Projects such as Waaree’s integrated ingot and wafer facility are expected to play a critical role in strengthening India’s position as a global hub for renewable energy manufacturing.
Founded in 1990, Waaree Energies Limited is one of India’s leading renewable energy companies. Headquartered in Mumbai, the company operates manufacturing facilities with a total solar PV module capacity of approximately 22.3 GW globally and solar cell manufacturing capacity of up to 5.4 GW.
Waaree’s portfolio includes solar PV manufacturing, EPC services, green hydrogen solutions, battery energy storage systems, and renewable energy infrastructure, serving markets across India and more than 25 countries.
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